Setup and integration of ST-Ericsson Joint Venture



ST NXP Ericsson ST_Ericsson


  • Global PMI Partners managed the carve-out of approx. 3,000 employees from Ericsson (Ericsson Mobile Platforms – EMP)
  • Co-led the Project Management Office for the integration of carved-out units (EMP + STNXP) from parent companies with approx.3,000 + 5,000 employees, forming a Joint Venture (JV) with 8,000 employees and pro forma sales of USD 3.6 billion
  • Participated in the Joint Venture’s Executive Management Team meetings as an advisor pre-closing
  • Managed integration post-closing, including transitional services
  • Total time on project: 18 months


Sector/s
Industrial Electronics
Software
Telecommunications Carriers
Telecommunications Hardware

Services Delivered
M&A Integration
M&A Carve-outs

Countries Involved
China
France
Italy
Netherlands
Sweden
Switzerland
Taiwan
United Kingdom
United States


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